Intel

American multinational technology company

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2024 Intel experiences a critical financial year with revenue declining to $53.1 billion and a substantial net loss of $19.2 billion, employee count reduced to 109,000.
2024 Intel established sponsorship deals with Riot Games for US$5 million annually and with JD Gaming for US$3.3 million.
December 1 2024 CEO Pat Gelsinger was ousted following a board meeting, with David Zinsner and Michelle Johnston Holthaus appointed as interim co-CEOs while searching for a permanent successor.
November 1 2024 Intel was announced to be dropping out of the Dow Jones Industrial Average, with Nvidia taking its place on November 8.
September 2024 Intel reportedly qualified for up to $3.5 billion in federal grants from the U.S. Department of Defense to manufacture semiconductors for defense purposes.
August 2024 After posting $1.6 billion in losses for Q2, Intel announced plans to cut 15,000 jobs and save $10 billion in 2025, offering early retirement and voluntary departure options.
June 2024 Intel announced the cancellation of development for a $25 billion factory in Kiryat Gat, Israel, which was originally set to receive $3.2 billion in government grants.
June 4 2024 Intel announced AI chips for data centers, the Xeon 6 processor, aiming for better performance and power efficiency.
2023 Intel announced they will remove the 'i' from processor markings, changing names like Core i9 to Core 9, and introducing 'Ultra' for high-end processors such as Core Ultra 9.
2023 Dell accounted for approximately 19% of Intel's total revenues, highlighting a significant customer relationship.
December 2023 Intel unveiled Gaudi3, an artificial intelligence (AI) chip for generative AI software, set to launch in 2024.
October 2023 Intel confirmed it would be the first commercial user of high-NA EUV lithography tool to regain process leadership.
October 2023 Intel announced plans to spin off its Programmable Solutions Group (PSG) into a separate company at the start of 2024, while maintaining majority ownership.
September 2023 Intel was re-imposed with a reduced fine of €376.36 million in the ongoing antitrust dispute with the European Commission.
January 31 2023 Intel announced $3 billion in cost reductions, including pay cuts for employees above midlevel, suspension of bonuses, and reduction of retirement plan matching.
2022 Significant financial downturn with revenue dropping to $63.0 billion and net profit falling to $8.0 billion.
2022 The original €1.06 billion fine against Intel was dropped.
2022 Intel announced plans to drop the Pentium and Celeron naming schemes for desktop and laptop entry-level processors, replacing them with 'Intel Processor' branding starting in 2023.
August 2022 Intel signed a $30 billion partnership with Brookfield Asset Management to fund factory expansions, with Intel holding a 51% controlling stake in new chip-making facilities.
July 2022 In its Q2 earnings report, Intel disclosed it would cease future product development within its Optane business, effectively discontinuing the development of 3D XPoint technology.
May 2022 Intel acquired Finnish graphics technology firm Siru Innovations, founded by ex-AMD Qualcomm mobile GPU engineers.
May 2022 Intel and Ericsson launched a technology hub in California to research and develop cloud RAN technology.
March 2022 Intel stopped supplying the Russian market due to international sanctions during the Russo-Ukrainian War.
February 2022 Intel agreed to acquire Israeli chip manufacturer Tower Semiconductor for $5.4 billion, but terminated the acquisition in August 2023 due to lack of Chinese regulatory approval.
January 2022 Intel selected New Albany, Ohio, as the site for a major new $20 billion manufacturing facility, with chip production expected to begin by 2025.
2021 Under new CEO Pat Gelsinger, Intel reversed previous job cuts and began hiring thousands of engineers.
2021 Intel introduced the 12th-generation Intel Core processors (Alder Lake), unifying desktop and mobile products under a single process node using Intel 7 (10 nm) and implementing a hybrid architecture with high-performance Golden Cove and high-efficiency Gracemont cores.
2021 SK Hynix acquired most of Intel's NAND memory business for $7 billion, with an additional $2 billion transaction expected in 2025. Intel also discontinued its consumer Optane products.
December 2021 Intel announced a $7.1 billion investment to build a new chip-packaging and testing factory in Malaysia, creating over 9,000 jobs.
December 2021 Intel announced plans to take Mobileye automotive unit public via an IPO in 2022 while maintaining majority ownership.
December 2021 Intel's total CO2e emissions increased to 3,274 kilotonnes, continuing an upward trend in greenhouse gas emissions.
November 2021 Intel recruited employees from Centaur Technology division of VIA Technologies in a $125 million deal, acquiring x86 division talent and knowhow.
March 30 2021 Intel released 11th-generation Core desktop processors (Rocket Lake), fabricated using the 14 nm process and based on the Cypress Cove microarchitecture, replacing Comet Lake desktop processors.
March 23 2021 CEO Pat Gelsinger unveiled the IDM 2.0 strategy, which includes investments in manufacturing facilities, use of internal and external foundries, and the creation of Intel Foundry Services (IFS).
January 13 2021 Intel announces Pat Gelsinger will replace Bob Swan as CEO, effective February 15.
2020 Intel was reinstated to the Fortune 500 list, ranking 45th and becoming the 7th-largest technology company in the ranking.
2020 Intel underwent a rebranding and introduced new jingle variants while retaining the mainstream 2006 version.
2020 Intel reaches revenue of $77.8 billion during the COVID-19 pandemic, maintaining steady employee count at 110,000.
2020 Intel established a baseline commitment to reduce carbon emissions by 10% by 2030, using 2020 as the reference year.
2020 Intel continued using the Skylake microarchitecture with ongoing optimizations, marking a prolonged period of processor development stagnation due to manufacturing challenges.
2020 Intel reported its revenue breakdown, showing Client Computing Group generating 51.8% of revenues, Data Center Group at 33.7%, Internet of Things Group at 5.2%, and Programmable Solutions Group at 2.4%.
2020 Intel introduces Intel One typeface as part of a new visual identity, replacing Intel Clear in most branding while still using Intel Clear alongside it. Intel One replaces Neo Sans Intel in the logo.
December 31 2020 Intel reported total CO2e emissions for the twelve months at 2,882 kilotonnes, representing a 3.4% year-over-year increase.
November 2020 Apple unveils the M1, its custom-designed processor for Mac computers, signaling the end of its Intel processor era.
September 2020 Intel launched the 11th-generation Core mobile processors codenamed Tiger Lake, based on the Willow Cove microarchitecture and a refined 10 nm node.
September 2 2020 Intel unveiled its third logo, removing the previous swirl and changing the color palette, while maintaining a connection to its earlier logo designs.
June 22 2020 Tim Cook announces Apple's plan to transition from Intel CPUs to custom Apple-designed Arm architecture processors over the next two years during the annual WWDC.
2019 Intel returned to its former position as the biggest semiconductor chip maker by revenue.
2019 Intel released Agilex FPGAs, targeting data centers, 5G applications, and other specialized uses.
September 2019 Intel finally introduced mass-produced 10 nm 10th-generation Intel Core mobile processors (codenamed 'Ice Lake') after multiple delays in their 10 nm process node development.

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